Regional Gross Value Added for 2009 and Sub-regional Gross Value Added for 2008
The latest National Statistics on regional Gross Value Added (GVA) produced by the Office for National Statistics were released on 8 December 2010 according to the arrangements approved by the UK Statistics Authority.
Statistics on Regional Gross Value Added for 2009 and sub-regional Gross Value Added for 2008 include data for Wales and sub-Wales regions. The latest release updates the statistics previously released on 9 December 2009.
The key points from the latest release are:
- Total headline GVA in Wales in 2009 was £44.5 billion, down 2.2 per cent on 2008, GVA for the UK (excluding extra-regio) fell by 2.1 per cent.
- Headline GVA per head in Wales in 2009 was £14,842, down 2.5 per cent on 2008, whilst GVA per head for the UK (excluding extra-regio) fell by 2.7 per cent.
- GVA per head in Wales in 2009 was 74.3 per cent of the UK average, the lowest amongst the devolved countries and English regions. This ranking for Wales has not changed since 1998 when it fell below Northern Ireland.
- The NUTS2 estimates for 2008 show headline GVA per head in East Wales and West Wales and the Valleys at 94.0 per cent and 62.6 per cent of the UK average respectively.
Further information
Contact
Tel: 029 2082 5017
E-mail: economic.stats@wales.gsi.gov.uk
Next update
December 2011 (provisional - to be confirmed on 'Due out Soon' page)